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- Create Date May 30, 2019
- Last Updated Nov 4, 2019
Angolan Public Debt Sustainability
Angola´s public debt increased exponentially, after 2013, due to the economic crisis caused by lower oil prices which led to depreciation of the AOA and widening of the fiscal deficit. The AOA depreciated by 27.7% from trading at an annual average of AOA 120.1 per USD in 2015 to AOA 165.9 per USD in 2017.